1.Solve Existing Issues
If you’re thinking of adding value to your property then don’t jump straight to improving the aesthetics of particular rooms in order to gain the much-lauded “wow factor.” Instead, make sure that your property is structurally sound first. It may have less cosmetic impact but a house with a leaking roof, subsidence or damp will be severely hindered in achieving a strong asking price due to the perceived costs and effort in fixing the issues. Take the time to assess your property and ensure there are no major defects. This will give a solid foundation for your property to achieve the best price on the market as buyers will not be scared away by major problems, nor will they be able to barter the price down.
Take a look at the central heating system in your house - does it look modern and fit-for-purpose or is it on its last legs? If your central heating isn’t quite up to scratch, then replacing this is a sure-fire way to add value to your property as it is another issue which may put potential buyers off. Although the initial outlay for a central heating refit may seem high, you should more than recover these costs when selling the property as it is another key point which will assure buyers that your property is well-cared for.
Adding additional living space will always attract potential buyers as this offers versatility in how they will use the property. However, before you convert a loft or garage we would recommend doing a little research. A converted loft can add thousands to the asking price of your property so it is certainly something to consider. Before you undertake this, do take a look at similar properties in your area and investigate what the top selling price has been lately. There will be a ceiling to property prices in your area and therefore, before you add a room, make sure that there is the potential to recoup the cost in the asking price of the property.
If you’re looking to add value to your property without any major outlay then picking up the paintbrush could be the answer. Freshen up any paint that has seen better days including in the bathroom, checking on any sealants to ensure they are crisp and clean. Clean up a few simple defects and potential buyers will see your property in an entirely different light, willing to pay more for a home that they perceive to be in excellent condition. This should extend to the frontage of your home so ensure lawns are cut and outside areas look well-cared for.
5.Kitchens and Bathrooms
That old saying that homes are sold due to their kitchens and bathrooms is true, to an extent. Having a modern kitchen and bathroom will add considerable value to your property as well as generating much more interest from potential buyers. If you don’t want to invest in a brand-new kitchen and bathroom, then update your current spaces in order to make them more saleable. Kitchen cabinets can be painted to modernise them and changing the door handles to something more sleek will also help to create the feeling of a newer space. In the bathroom refresh the paint on the walls, keeping it as neutral as possible, and ensure that it feels bright and airy. Add mirrors to make the space feel bigger and use accessories to add pops of colour and character.